Samsung Rumored To Launch Foldable Phone Later This Year

The Korea Herald has reported that users might actually get their hands on Samsung’s foldable smartphone later this year.

The Herald’s unnamed source said that the company is expected to launch in Q3 of this year. The phone has currently been in development for three years. The source did stress that the Korean tech giant’s decision would be driven by “marketability and profitability.”

To elaborate a bit more, the source said, “The final decision will be made after the personnel reshuffle of the company’s information technology and mobile communications unit is carried out.”

It might seem odd that Samsung still hasn’t made a decision on whether to release a product less than a year before its supposed launch date, but this is simply a rumor. Beyond that, the technology is experimental so there’s no telling how the market will react. It’s possible Samsung is waiting to see how consumers react to rival LG Electronics’ foldable devices.

There is also speculation that the delay is due to the Samsung’s annual executive restructuring being delayed until February or March due to the company’s involvement in the political scandal surrounding South Korean President Park Geun-hye.

Both Samsung and LG are expected to produce more than 100,000 foldable devices this year though LG’s technology is reportedly more advanced than their rival’s. For now, these are merely rumors and speculation, but we’ll have more on this story as it develops.

Eric is an avid tech junkie, gamer, and comic fan. When he's not working on his PC, you'll find him at your local comic book shop.